XML 38 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating revenues      
Vessel and other management fees $ 14,225 $ 12,547 $ 10,756
Total operating revenues 80,257 102,674 106,155
Operating expenses      
Vessel operating expenses 53,163 56,347 49,570
Administrative expenses 45,960 33,526 19,267
Depreciation and amortization 72,972 73,732 49,811
Impairment of long-term assets 1,706 1,957 500
Total operating expenses 221,364 234,604 146,488
Gain on disposals to Golar Partners 0 [1] 102,406 43,287
Other operating loss 0 0 (6,387)
Impairment of vessel held-for-sale 0 (1,032) 0
Other operating gains - LNG trading 16 0 1,317
Loss on disposal of vessel held-for-sale 0 (5,824) 0
Operating (loss) income (141,091) (36,380) (2,116)
Net loss on loss of control of Golar Power (8,483) 0 0
Other non-operating (expense) income (132) (27) 272
Total other non-operating (expense) income (8,615) (27) 272
Financial income (expense)      
Interest income 2,969 6,896 716
Interest expense (71,201) (68,793) (17,785)
Other financial items, net 8,691 (112,722) (70,783)
Net financial expense (59,541) (174,619) (87,852)
Loss before equity in net earnings of affiliates, income taxes and non-controlling interests (209,247) (211,026) (89,696)
Income taxes 589 3,053 1,114
Equity in net earnings of affiliates 47,878 55,985 42,220
Net (loss) income (160,780) (151,988) (46,362)
Net income attributable to non-controlling interests (25,751) (19,158) (1,655)
Net loss attributable to stockholders of Golar LNG Ltd $ (186,531) $ (171,146) $ (48,017)
Per common share amounts:      
(Loss) earnings - Basic and Diluted (in dollars per share) $ (1.99) $ (1.83) $ (0.55)
Cash dividends declared and paid (in dollars per share) $ 0.60 $ 1.35 $ 1.80
Non-collaborative Arrangement Transactions      
Operating revenues      
Time and voyage charter revenues $ 52,302 $ 90,127 $ 95,399
Operating expenses      
Voyage, charter-hire and commission expenses 36,423 69,042 27,340
Collaborative Arrangement      
Operating revenues      
Time and voyage charter revenues 13,730 0 0
Operating expenses      
Voyage, charter-hire and commission expenses $ 11,140 $ 0 $ 0
[1] This includes amounts arising from transactions with related parties (see note 31).